SECP registers 1,101 new companies in Aug
ISLAMABAD: In August 2018 despite Eid holidays, the SECP registered 1,101 new companies – representing 17 percent growth over the corresponding month in the last fiscal, raising...
Pakistan inflation rate at 5.84 percent in August
On a month-on-month basis, prices increased 0.21 percent in August
China’s Xi offers another $60 billion to Africa
Chinese companies will be encouraged to invest no less than $10 billion in the continent in the next three years
Lira sell-off poses no risk to Turkey’s banks, Finance Minister Albayrak says
The lira’s 42 percent drop this year has driven up the cost of servicing that debt and investors fear banks could be hit by a wave of rising bad loans.
ADB approves $100 million loan to address water shortages in Balochistan
A separate $2 million technical assistance from JFPR will help Balochistan’s provincial government improve its institutional capacity to address the risks and potential impact of climate change in the agriculture sector,
Asian factories feel pinch from escalating trade conflict
China's vast manufacturing sector grew at the slowest pace in more than a year in August
TOKYO: Manufacturing activity in major Asian economies...
UAE bank adds Pakistan to ‘remit in 60 seconds’ service
Emirates Islamic says that its 60 second online fund transfer service QuickRemit is now available for remittances to Pakistan
Emirates Islamic has announced...
Eighteen opens office in Karachi
KARACHI: Eighteen – Pakistan’s most luxurious and modern, mixed use, residential project, in an aim to enhance more convenience for its investors...
IRS officers share deplorable working conditions, elitism in bureaucracy
LAHORE: A recent post by a group of income tax officers has been making rounds on social media. The post is addressed...
Cabinet to ratify decisions regarding import of vintage cars, cars for disabled persons
ISLAMABAD: The federal cabinet will ratify decisions taken by the previous government pertaining to import 50-year-old vintage cars and up to 1350cc...
US cancels $300 million aid to Pakistan over record on militants
The Trump administration says Islamabad is granting safe haven to insurgents who are waging a 17-year-old war in neighbouring Afghanistan, a charge Pakistan denies.
PTI names relatively less experienced EAC team
The regular half a dozen senior ones jettisoned
Suki Kinari Hydropower Project set to make KP self-sufficient in power
Two more projects have been announced by KP government at Batakundi (96 MW) and Naran (188MW) – both upstream of the Suki Kinari project
Ethiopia debt woes curtail China funding
Ethiopia has been a top destination for Chinese loans in Africa, despite its lack of natural resources, with state policy banks extending it more than $12.1 billion since 2000
SBI chairperson Naheed Memon rebukes previous govt for fixation with resolving power crisis
Ms Memon said general perception about a lack of ambiguity concerning CPEC developed after the previous government spent concessionary loans on projects like OLMT